Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.
The most exciting news is that the price of Bitcoin has now reached $100k. I have been expecting the day when I would be able to see the price of Bitcoin reach $100k since I have been hearing from people who are familiar with Bitcoin for a long time that it has reached $100k before. To be honest, with the huge change in the price of Bitcoin, this is fantastic news for long-time investors as well as those who bought more recently. Furthermore, only those who are unfamiliar with Bitcoin may sell off part of their holdings for the festive season or those who have been buying Bitcoin for the previous three years, it is not advisable for those who have not been accumulating Bitcoin for a year to sell any part of their holdings for the holiday season.
But this is only the beginning for Bitcoin, a bull run has been expected for the previous several months, but it is taking place at the end of the year.
So those who haven't bought yet should do so immediately to continue building up, because Bitcoin could hit $150k by 2025, the earlier, the more profitable.Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one, don't be in a hurry to forget that the market can be uncertain where we have the bull and bear hence, any one coming into Bitcoin investment with the mindset that Bitcoin will only keep going up might feel very disappointed whenever Bitcoin is having a downward trend. Secondly, a new investor shouldn't be talking about profit margin when he or she should be focusing more on buying Bitcoin because he or is she is still very early in the accumulation stage, and on the other hand, profitablity in Bitcoin investment is directly proportional to the the size of your Bitcoin investment and how long you where able to hold.